Strategic Petroleum Reserve Agreement between India and UAE
Sector: Oil and Gas • Location: Fujairah, Chandikhol, Padur, Odisha, Karnataka, India and UAE
Source: Bhaskar English
UAE's Abu Dhabi National Oil Company will store 3 crore barrels of crude oil in India's strategic oil reserves. This reserve will be accessible to India in case of war or supply disruptions. UAE will pay rent for this reserve. India currently has strategic oil reserves in Karnataka and Andhra Pradesh, with a new reserve being built in Chandikhol, Odisha, and capacity being increased in Padur, Karn
- Status
- Prospective
- Sector
- Oil and Gas, Government
- Location
- Fujairah, Chandikhol, Padur, Odisha, Karnataka, India and UAE
- Updated
- 22 Jul 2026
- Source
- Bhaskar English
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | UAE's Abu Dhabi National Oil Company will store 3 crore barrels of crude oil in India's strategic oil reserves. This reserve will be accessible to India in case of war or supply disruptions. UAE will pay rent for this reserve. India currently has strategic oil reserves in Karnataka and Andhra Pradesh, with a new reserve being built in Chandikhol, Odisha, and capacity being increased in Padur, Karnataka. Additionally, petroleum reserves for India will be arranged in Fujairah, UAE. |
Original sector | Energy |
Location
Country | India and UAE |
State | Odisha, Karnataka |
City | Fujairah, Chandikhol, Padur |
Source
Source | Bhaskar English |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2026-05-23 |
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